Sihanoukville Boosts Economic Growth with Special Incentives for 18 Projects
In a strategic move to enhance economic growth, the Investment Promotion Team in Sihanoukville has announced special incentives for a total of 18 stalled and new projects, amounting to an impressive USD 205 million. This initiative was shared on the team's official Facebook page, signalling a robust commitment to revitalising the region’s economy. Among the initiatives, five involve stalled bui...
Read MoreGovernment Launches Investment Program for North-eastern Provinces
Prime Minister Hun Manet has announced a special investment program targeting Kratie, Stung Treng, Ratanakiri, and Mondulkiri from 2025 to 2028. The initiative aims to attract private investment in agriculture, agro-industry, and tourism, leveraging the region's rich natural resources and tourism potential. Key features of the program include tax and customs incentives, attractive financing opt...
Read MoreGovernment Announces Temporary Opening of Cambodia’s Highest Bridge for New Year Celebration
In a festive announcement, the Cambodian government has declared the temporary opening of the country's highest bridge in Pursat province, coinciding with the traditional National New Year celebrations. From 11 -17 April 2025, the bridge will be accessible to motorcycles and small vehicles—typically used for tourist and family travel—from 6:00 a.m. to 6:00 p.m. This initiative aims to...
Read MoreCambodia Plans to Transform Riverside Towns into Vibrant Villages
The Ministry of Land Management, Urban Planning, and Construction of Cambodia has unveiled an ambitious initiative aimed at developing towns along the Mekong River and around Tonle Sap Lake into vibrant resort villages. This initiative is part of a broader strategy to enhance tourism and improve local economies in riverside provinces. During a recent meeting held on 8 April 2025, whic...
Read MoreQ1 2025 Sees Total Investment Capital from China to Cambodia Reach 56.23%
In the first quarter of 2025, Chinese investment in Cambodia has reached a remarkable 56.23% of total registered capital, amounting to USD 2.5 billion across 172 ambitious projects. This impressive influx includes six expansions of existing production facilities, which are anticipated to create nearly 120,000 jobs nationwide, significantly contributing to the country’s economic growth. Among th...
Read MoreKOICA Invests USD 7 Million to Enhance Ratanakiri Provincial Referral Hospital Capacity
In a significant development for the health sector in Ratanakiri province, the Korea International Cooperation Agency (KOICA) has unveiled a USD 7 million investment plan to bolster the capacity of the Ratanakiri Provincial Referral Hospital. This initiative, titled "Strengthening the Comprehensive Public Health System in Ratanakiri Province," was officially launched during a signing cer...
Read MoreCambodia Secures USD 145 Million World Bank Loan to Boost Water Security
The Ministry of Water Resources and Meteorology, alongside the Ministry of Agriculture, Forestry, and Fisheries, has officially launched the “Improving Cambodia’s Water Security” project, backed by a substantial USD 145 million loan from the World Bank. This initiative aims to enhance water security across the nation, increase agricultural productivity, and strengthen resilience against ...
Read MoreKampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development
Kampong Thom province is on the brink of significant agricultural development. Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, is studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeonin...
Read MoreFour Major Companies Plan to Make Further Investments in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on 31 March 2025. During the visit, HE Chea Socheat and his team toured the facili...
Read MoreChina Unveils Plans for Cambodia’s First & Largest Oil Refinery
In a ground-breaking initiative for Cambodia's energy sector, Chinese company Guanzun Energy Investment Co., Ltd. is set to construct the country’s first and largest oil refinery in Kampot Province. The ambitious project, estimated at up to USD 3.5 billion, was announced by the Kampot provincial administration and covered by Cambodian national television. Spanning an impressive 234 he...
Read MoreProgress Update on Bassac River Bridge Construction
The ambitious project to construct a bridge across the Bassac River, officially known as the Chak Angre Krom-Prek Pra Bridge, has made significant strides, reaching nearly 31% completion after over a year of work. Since the Cambodian government broke ground on the construction site 13 months ago, the project has reported a current progress rate of 30.95%. Officials are optimistic that the bridg...
Read MorePrime Minister Unveils Plans for New Public Park in Phnom Penh
In a significant move to enhance community well-being, Prime Minister Hun Manet has announced an ambitious initiative to transform 70 hectares of land in the Kob Srov Dam area into a vibrant public park. The announcement was made during the official inauguration of the Morodok Techo flyover on 7 April, marking a step towards providing residents of Phnom Penh with a beautiful recreational space. ...
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